EU-Iran Foreign Trade in January 2019 generated only 344 million Euro. The 28 EU countries exported goods worth € 290 mn Euro to Iran and imported goods worth € 54 mn. Germany was the most important EU trade partner of Iran, with a trade volume of 123 million Euro, followed by Italy (49 mn Euro) and the Netherlands (48 mn Euro).
The European Union (EU28) export of goods to Iran stood at 290 mn Euro, a decrease of 64% compared with January 2018. According to the latest data by Eurostat, the statistical office of the European Union, 35% of the EU exports to Iran came from Germany, which delivered goods worth €102 mn, that was 61% less than in January 2018. Second (16%) were the Netherlands with exports worth € 47 mn (-52%), followed by Italy (€ 39 mn, -65%) and France (€ 26 mn, -66%).
In January 2019 the 28 EU countries imported goods worth € 54 mn from Iran, (a decrease of 95% compared with January 2018). Major Iranian exports to the European Union (39%) go to Germany, which imported goods worth € 21 mn from Iran (-46%), followed by Italy (€ 10 mn, -97%) and Spain (€ 6 mn, -98%).